Trading at the NSE grew at marginally

Trading on the floor of the Nigerian Stock Exchange (NSE) on Monday opened on a positive note as the market indices recorded marginal growth. The All-Share Index grew by 0.13 per cent to close at 20,619.04, up from 20,592.01 points on Friday. Also, the market capitalisation increased by N9 billion, representing 0.13 per cent, to close at N6.498 trillion against Friday’s N6.489 trillion.
Flour Mill led the gainers’ table, leading with a gain of N2.74 to close at N57.61 per share. Larfarge Wapco came second, appreciating by N1.15 to close at N14 while Julius Berger rose by N1.07 to close at N22.62 per share. Guinness grew by N1.01 to close at N210.11 while PZ Cusson rose by 85k to close at N24.95 per share.
On the other hand, Dangote Cement led the losers’ chart, depreciating by N1.15 to close at N108.50 per share. Berger Paint dropped by 41k to close at N7.85, while Zenith lost 23k to close at N13.82 per share. UACN and Red Starex dipped by 11k each to close at N29.03 and N2.39 per share respectively.
In all, a turnover of 448.3 million shares worth N4.4 billion were exchanged in 4,802 deals against 377.9 million shares valued at N1.7 billion transacted in 3,854 deals recorded on Friday.